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Wednesday, January 29, 2003

Volume 4, Issue 4

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In the news this week...

A Quiet Force for Diversity
The New America Alliance is pushing to get Latinos in positions of power in the capital markets -- at groups that invest, regulate the markets and are in top corporate positions.

FCC Deepens Review of Univision-HBC
Contending that the merger of Univision and Hispanic Broadcasting Corp. raises novel legal issues, the FCC has indefinitely extended its review of the $3 billion deal.

In Brief: Absolut Launches Hispanic Initiative
Absolut Vodka announced the debut of Absolut Ritmos, its first marketing initiative designed to build brand awareness with Hispanics.

Conservatives Want Bush Aide Kept Off Court
Analysts say the anti-Gonzales chatter symbolizes the increasingly aggressive nature of the political maneuvering behind Supreme Court nominations.

Internet Firms Woo Hispanics
Hispanics are growing in numbers - and influence - online. The cybergrowth of Hispanics has intensified a scramble among leading Web sites to tailor content to woo them - and their buying power - which is expected to grow to almost $1 trillion by 2007.

English-language Latino Network Launches
Si TV is a new English-language, Latino-themed network featuring culturally relevant programming that targets the growing young Latino and multi-cultural TV audience.


Bankrupt Kmart Sees Profits Ahead
Kmart, the largest retailer in the United States, expects to pull itself out of bankruptcy and return to profitability by 2004 after a year of transition.

Presidential Business Commission Gains Hispanic Advocate
Congressman Tom Delay of Texas announced today that he has appointed Florida Hispanic businessman Manny Varas to serve on the Presidential Business Commission for President George W. Bush.

Behind the Numbers of Bush's Tax Plan
ABCNEWS decided to take a closer look at the numbers behind the stimulus plan, using the president's comments at a speech in St. Louis on Wednesday as a guidepost.

Business Matchmakers
In a landmark effort to provide a major economic stimulus to America's small businesses, the U.S. Chamber of Commerce and the U.S. Small Business Administration today announced the launch of the national Business Matchmaking Program.

Hispanics Inch Toward Outnumbering Blacks
Hispanics edged closer to outnumbering blacks among U.S. minority groups in 2001, according to Census Bureau estimates released Tuesday. The nation's Hispanic population grew to 37 million, up 4.7 percent from Census 2000.

New Loan Pool to Start for Small, Minority-Owned Businesses in Memphis, Tenn.
A new loan pool is being created in Memphis for small and minority-owned businesses that ordinarily couldn't get a business loan from a bank, officials announced Tuesday.

From the current issue of

Hispanic Business magazine

2002 Media Markets Report
The latest research statistics on the Hispanic advertising market: Internet Revenue, Purchasing Power, Top 60 Advertisers, Top 10 Brand Marketers, Advertising Expenditures and Leading Hispanic DMAs.

Ad Spending Heats Up
Following a year of diminished growth, the Hispanic advertising market roars back to life.

Visit our other sites!

HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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